WASSCE / WAEC BUSINESS MANAGEMENT SYLLABUS

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1. PREAMBLE

The course in Business Management at the senior school level embraces principles and activities in the core functional areas of business management. It also covers legal environment of business, information technology, globalization, economic integration and entrepreneurship.

2. AIMS

The examination therefore intends to test candidates'

(i) understanding and appreciation of the basic concepts, principles and practices of business management;

(ii) understanding of the role of business management in an economy; (iii) ability to relate the concepts and principles of business management to practical

business situations. (iv) ability to pursue further studies in business management.

3. SCHEME OF EXAMINATION

There will be two papers, Paper 1 and Paper 2; both of which will constitute a composite paper and will be taken at a sitting.

PAPER: 1 This will consist of fifty compulsory multiple-choice objective questions which will cover the entire syllabus and will carry 30 marks. It will last1 hour.

PAPER: 2

It will consist of a compulsory case study question and seven other essay questions, out of which candidates will be expected to answer any three. The case study will range between 200 and 250 words and will carry 25 marks, while the other questions will carry equal marks of 15 each. The paper will therefore carry a total of 70 marks.

4. DETAILED SYLLABUS

TOPICS

NOTES

1. NATURE OF MANAGEMENT 1.1 Meaning and Process of Management

1.2 Forms of Business Organization

1.3 Business and Society

2. FUNCTIONS OF MANAGEMENT 2.1 Planning and Decision Making

1.1.1 Meaning of Management and administration

1.1.2 Basic Functions of 1.1.3 Levels of Management 1.1.4 Types and Roles of Managers 1.1.5 Difference between Administration

and Management

1.2.1 Meaning of Business Organization 1.2.2. Identification of Major Forms: (Sole

Proprietorship, Partnership, Limited Liability Company, Public orations, Co-operative society) 1.2.3. Procedures for the formations/Characteristics, advantages and disadvantages of each form. 1.2.4 Causes of business failure.

1.3.1 Meaning of Business Environment Business Environment,

1.3.2 Forces in the Businesses Environment

1.3.3 Ethical, legal and social responsibilities of Businesses.

1.3.4 Primary and Secondary stakeholders ? meaning and differences.

1.3.5 Responsibilities of businesses towards

2.1.1 Meaning and importance of planning 2.1.2 Steps in planning, Types .2.1.3 Meaning and of planning, Limitations

to planning 2.1.3 Meaning and importance of decision

making.

TOPICS 2.2 Organizing 2.3 Directing

2.4 Controlling

NOTES 2.1.4 Step in the decision making process. 2.1.5 Types of (Programmed and Non-

programmed) decisions. 2.1.6 Levels of management decisions.

2.2.1 Meaning, importance and activities of organizing

2.2.2 Principles of organizing, Organizational structure and Organizational chart

2.2.3 Centralization and decentralizationmeaning differences, advantages and disadvantages.

2.2.4 Meaning and benefits of delegation. 2.2.5 Reasons why managers do not delegate 2.2.6 Reasons why subordinates do not

accept Delegation 2.2.7 Guidelines for delegation

2.3.1 Meaning and elements of directing 2.3.2 Motivation ? meaning, intrinsic and

extrinsic factors 2.3.3 Maslow's Hierarchy of Needs. 2.3.4 Leadership importance of good

leadership. 2.3.5 Leadership styles and Sources of

power available to leaders. 2.3.6 Communication ?meaning,

importance, channel formal and informal 2.3.7 The Communication process 2.3.8 Barriers to communication 2.3.9 Guidelines to effective communication

2.4.1 Meaning and reasons for controlling 2.4.2 Steps in controlling. 2.4.3 Tools for controlling

TOPICS 3. MANAGEMENT

INFORMATION TECHNOLOGY

NOTES 3.1 Concept of ICT 3.2 Data and information, meaning,

differences; and sources of business information 3.3 Functions of the computer 3.4 Applications of computers in Business 3.5 Advantages and challenges of the use of Computers in business

4. LEGAL ENVIRONMENT OF BUSINESS 4.1 Law of Contract

4.1.1. Meaning and elements of contract 4.1.2 Classification of contracts 4.1.3 Vitiating factors (Void and Voidable

contracts) 4.1.4 Ways of discharging a contract

4.2 Principles of Agency

4.2.1 Creation of agency 4.2.2 Rights and duties of a principal 4.2.3 Rights and duties of an agent 4.2.4 Termination of agency

4.3 Negotiable Instruments

4.3.1 Meaning and characteristics of negotiable instruments

4.3.2 Types of negotiable instruments (Cheques; Bills of exchange; Promissory notes)

4.3.3 Cheques: Class, types, advantages, disadvantages and ways of avoiding cheque frauds.

5. FINANCE AND FINANCIAL INSTITUTIONS 5.1 Money

5.2 Banking

5.1.1 Meaning and characteristics of money 5.1.2 Functions of money 5.1.3 Meaning and causes of inflation

5.2.1 Types of banks 5.2.2 Functions of the Central bank 5.2.3 Functions of commercial and other

types of banks 5.2.4 Types of bank accounts. 5.2.5 Tools of monetary control

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